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198 Somerset Bridge Rd

Santa Rosa Beach, FL 32459

2 bd 3 ba 1,008 sqft Built 2005 Lot 871 sqft single_family
Most recent sale
$700,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $700,000 Public Record
May 11, 2022 Sold $700,000 EmeraldCoast
Apr 2, 2022 Listed $710,000 MLS #893947
Mar 4, 2021 Sold $386,000 Public Record
Aug 5, 2008 Sold $240,000 Public Record
Dec 9, 2005 Sold $251,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $534,240 $534,240 $4,827
2023 $599,760 $599,760 $5,449
2022 $262,080 $262,080 $2,428
2021 $259,207 $2,523
2020 $235,643 $2,486
2019 $214,221 $2,367
2018 $194,746 $194,746 $1,941
2017 $194,746 $194,746 $1,852
2016 $194,746 $194,746 $1,792
2015 $169,344 $169,344 $1,616
2014 $169,344 $1,576
2013 $133,056 $133,056 $1,327
2012 $110,880 $1,075
2011 $158,256 $1,522
2010 $158,256 $1,526
2009 $196,560 $1,762
2008 $229,000 $1,904
2007 $229,000 $1,886

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
1,008 sqft
Lot size
871 sqft
ZIP code
32459
City
Santa Rosa Beach
Street
Somerset Bridge Rd
Coordinates
30.31568, -86.11230

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 198 Somerset Bridge Rd last sell?
198 Somerset Bridge Rd most recently sold on May 13, 2022 for $700,000.
What is the current tax assessment for 198 Somerset Bridge Rd?
The most recent total assessment for 198 Somerset Bridge Rd (year 2025) is $534,240 with $4,827 in property tax.
How does 198 Somerset Bridge Rd's assessment compare to its last sale price?
The current assessment is 23.7% below the last sale price of $700,000.
When was 198 Somerset Bridge Rd built?
198 Somerset Bridge Rd was built in 2005.
How does 198 Somerset Bridge Rd compare to others on Somerset Bridge Rd?
We track 8 other properties on Somerset Bridge Rd. Browse the list under "Other properties on Somerset Bridge Rd" to compare beds, baths, and sale history.
What are the property facts for 198 Somerset Bridge Rd?
198 Somerset Bridge Rd is a 2 bed, 3 bath, 1,008 sqft, 871 sqft lot single_family.
Is 198 Somerset Bridge Rd a flip candidate?
Yes — 198 Somerset Bridge Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 198 Somerset Bridge Rd a tax-appeal candidate?
No — 198 Somerset Bridge Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$1.91M
2026 Q4
$1.96M
ZIP 32459 — Median Price History + Forecast

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